The culture will begin to change.
The Financial Times reports that several senior managers are likely to follow Brady Dougan out the door after he hands over Thiam, according to Credit Suisse executives, investors and headhunters.
One senior banker at Credit Suisse predicts a cultural switch from a leadership drawn from traders to more client-focused executives. 'Brady is a very shy guy', the banker told the newspaper. 'He is a trader who never really met clients. This place needs more clarity and focus on clients. The obvious way to achieve that is to change the people at the top'.
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